Agriculture in India

Abstract

Following macro economic reforms introduced in the Indian economy in the early 1990s, and the reforms in the multilateral trading order brought about in the wake of GATT negotiations and setting up of WTO, the Indian agriculture has entered in to the phase of globalization and diversification. It is expected that the combined effect of the reforms in the domestic policies and international trade reforms would result in a much larger integration of the Indian economy with the rest of the world, and such a scenario would bring about substantial benefits to the Indian farmers. The reforms undertaken so far have however failed to bring about the expected gains to Indian farmers. The process of reforms is still continuing and it is hoped that once the negotiations on reforms conclude and the envisaged reforms are implemented in letter and spirit, the gains to Indian agriculture would be positive and substantial. This paper aims to study the performance of the agricultural sector for the post reform decade (1990-2000) and the following decade (2001-2011) objectives: to study the performance of agriculture in the period of 1990-2010, to study the growth pattern of agriculture compared to industrial sector in the mentioned period.

Keywords: agricultural growth, India's agriculture